Huge selloff expected in Chinese stocks amid uncertain economy
Edited By WION Video Desk
Published: Jul 10, 2023, 05:45 IST | Updated: Jul 10, 2023, 05:45 IST
The Chinese stock market is bracing for a potential shockwave. That's not because of the slower-than-expected post-Covid recovery. But because billions locked up in stocks-linked funds are about to mature after 3 years. In the coming days, about 28 billion dollars in funds will be freed and analysts feel that investors will be keen to move their money away from equities.
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